HomeMy WebLinkAbout2021-07-15-EDAC-min Town of Lexington
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Economic Development Advisory Committee (EDAC)
Minutes of Meeting July 15, 2021
A meeting of the EDAC was held virtually on Thursday, July 151h, 2021 at 8:00 a.m. via zoom.
Members Present: Rick DeAngelis, Chair; John McWeeney, Charlie Minasian; Co-Vice Chair
George Burnnell, Co-Vice Chair Larry Smith, Vice Chair; Lisa Murray; Bridger McGaw; David
Pronchick; Mark Sandeen, BOS liaison; Joe Pato, BOS liaison; Charles Hornig, Planning Board
liaison
Staff Present: Sandhya Iyer, Casey Hagerty
Guests Present: Representative Michelle Ciccolo, Rob Anderson, MassDevelopment
8:00am The meeting was called to order.
1) Review PACE program with Mass Development
Rob Anderson, Vice President of Business Development with MassDevelopment
presented details regarding the Pace Program. The committee discussed if there were
existing examples of municipalities or developer that have taken advantage of this
program. Rob shared additional materials and one-pager with the committee to review.
2) Lincoln Lab project updates
David Pronchick and Michael Menadue presented MIT Lincoln Labs expansion plans
that would be starting as soon as December 2021. The committee discussed the outcomes
and advantages of this expansion.
3) Review 2021 Economic Development Report
Sandhya Iyer presented the ED summary report for 2021 with Brandon Latham and
Casey Hagerty. The committee discussed and suggested to expand on some of the
findings to add goals, implementation, and outcomes of some of the projects that were
highlighted in the ED summary report. The staff discussed that they will be working on
the Business Guide that is part of the Select Board goals and the Comprehensive plan.
Approve Minutes
a. May 20th, 2021
Motion to approve the minutes of May 20'', 2021 made by Mr. Pronchick and seconded by Ms.
Murray. By roll call vote,the committee passed the motion 7-0.
9:51am
Motion to adjourn made by Mr. Smith and seconded by Mr. Minassian. The motion was
approved 7-0 by a roll call vote.
Respectfully submitted,
Sandhya Iyer
Economic Development Director
Approved: 9/16/2021